9911796707
TMI BlogAmendment in the Handbook of Procedure Vol. IX X X X Extracts X X X X X X X X Extracts X X X X ..... or permission, as may be required under Schedule II of ITC (HS). Export of items to Libya as listed out in Appendix-31 are prohibited'. 2. The following shall be added as paragraph 2.55.1. 'Duty free imports of goods as specified in list 28A of Customs notification No. 21/2002 dated 1.3.2002, (as amended from time to time) upto 1% of the FOB value of exports made during the preceding licensing year, shall be allowed to agro chemicals sector unit having export turnover of Rs. 20 crore or above during preceding licensing year. Such facility shall be available only to a manufacturer having a research and development wing registered with Deptt. of Scientific and Industrial Research in Ministry of Science and Technology subject to fulfilmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en years from the date of installation'. 5. A number of DEPB licences have expired in respect of export of yarn dyed madeups relating to product group - textiles due to differences in interpretation and delays in verification of such DEPB. It has therefore been decided that DEPB relating to S.No 69 and 72 of Product Group - Textiles (Product Code 89) shall be revalidated for a period of 6 months from the date of such endorsement by the licencing authority against submission of a request and TR/ demand draft for Rs 200. However no revalidation shall be granted by the licensing authority in cases where misrepresentation/ fraud has come to the notice of the licensing authority or adjudicating orders have already been passed. This issues in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rts in the financial year 2002-2003. c. We/I hereby undertake that the imported goods would be installed in the factory of the importer within 6 months of the date of importation. These goods would not be transferred or sold for a period of 7 years from the date of installation. d. We/I hereby declare that the imports by the unit are for Research and Development in the agro chemical sectors. e. We/I hereby declare that the Research and Development wing of the unit which has undertaken these imports is registered with the Department of Scientific and Industrial Research in the Ministry of Science and Technology of the Government of India. f. We/I hereby declare that the above statements are true and correct and nothing has been concealed ..... X X X X Extracts X X X X X X X X Extracts X X X X
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